Thread: Argentine Economy

+ Submit Report
Page 5 of 130 FirstFirst 1 2 3 4 5 6 7 8 9 15 55 105 ... LastLast
Results 61 to 75 of 1942
This forum thread is moderated by Admin
  1. #1882

    I'm confused

    Quote Originally Posted by BobbyDoerr  [View Original Post]
    Jax, good post. I know one of the holdouts in Singer's group. He's Turan Group out of Boston. I wouldn't call him a "minion" but he has been down here for conferences on the defaults a number of times. He's brilliant and says he was small potatoes having invested only a half a million. These guys have so much dough that they don't lose sleep over bonds they know are eventually going to be retired. The only question was how much? With accumulated interest, I would guess the offer of 75% of face is going to pay much more than a hundred percent of face value. Good deal for the bond holders and a great day for Argentina. It's not a done deal yet, but I think Congress will approve. Enjoying my visit here. Thanks. Bobby Doerr.
    I realize this is a very complicated issue but I'm confused about something.

    I always through that Singers group had bought up the default bonds for pennies on the dollar. I assumed that for years until I was directed to some information that said they paid around 70 cents on the dollar. If that is true, how could the original debt have been 80 billion, Argentina will be paying I think the article said around 10 billion and Singers group will see nearly 400% on the original investment?

    Not disputing, just curious.

  2. #1881

    Sleepless Nights of Minions

    Quote Originally Posted by Tres3  [View Original Post]
    I guess all of the sleepless nights endured by Singer's minions are going to finally pay off--if the Argentina Congress does not fuck it up.

    http://finance.yahoo.com/news/hedge-...144957191.html

    Tres3.
    Jax, good post. I know one of the holdouts in Singer's group. He's Turan Group out of Boston. I wouldn't call him a "minion" but he has been down here for conferences on the defaults a number of times. He's brilliant and says he was small potatoes having invested only a half a million. These guys have so much dough that they don't lose sleep over bonds they know are eventually going to be retired. The only question was how much? With accumulated interest, I would guess the offer of 75% of face is going to pay much more than a hundred percent of face value. Good deal for the bond holders and a great day for Argentina. It's not a done deal yet, but I think Congress will approve. Enjoying my visit here. Thanks. Bobby Doerr.

  3. #1880
    Senior Member


    Posts: 577

    Hedge funds poised to make massive gains on Argentina bonds

    I guess all of the sleepless nights endured by Singer's minions are going to finally pay off--if the Argentina Congress does not fuck it up.

    http://finance.yahoo.com/news/hedge-...144957191.html

    Tres3.

  4. #1879
    Senior Member


    Posts: 577

    Argentina and US creditors reach deal in longstanding spat

    The below link seems to indicate that the Argentina debt debacle is almost over -- if the Argentine Congress does not fuck it up.

    http://finance.yahoo.com/news/argent...160120062.html

    Tres3.

  5. #1878
    Senior Member


    Posts: 577

    Obama’s visit to Argentina seen as sign Latin America’s ‘pink tide’ is ebbing.

    The below link is to an article that appeared on the front page of Wednesday's Miami Herald.

    http://www.miamiherald.com/news/nati...e62021447.html

    Tres3.

  6. #1877
    Senior Member


    Posts: 577

    Argentina's Bond Fight Comes Down to Its Worst Bonds

    The below link is to a recent Bloomberg article about the defaulted Argentine bonds. It is the first time that I was aware that Argentina was foolish (or desperate) enough to issue floating rate bonds.

    http://www.bloombergview.com/article...=yhoo.headline

    Tres3.

  7. The Following 2 Users Say Thank You to Tres3 For This Post:


  8. #1876
    Senior Member


    Posts: 577

    Argentina offers U.S. Creditors $6.5 billion payment on defaulted debt

    Following is a link to this article.

    http://finance.yahoo.com/news/mediat...7--sector.html

    Tres3.

  9. #1875

    Not a bad start

    Quote Originally Posted by Thomaso276  [View Original Post]
    Build on what you have, being able to feed yourself is pretty huge.

  10. #1874

    Macri interview in english


  11. #1873

    Not for some of the leftists here (the Usual Suspects)

    They think only governments create economic growth and jobs are blown out of Christina's a$$.

    They will surely view this as Yankee Imperialism.

  12. The Following User Says Thank You to Spirit Rider For This Post:


  13. #1872

  14. #1871
    Quote Originally Posted by TejanoLibre  [View Original Post]
    Inflation-stricken Argentina to issue higher denomination banknotes.

    http://www.cnbc.com/2016/01/15/

    I knew this was coming !

    Beware of fakes.

    TL.
    Here is the working link:

    http://www.cnbc.com/2016/01/15/reute...banknotes.html

  15. The Following User Says Thank You to Johnny Drama For This Post:


  16. #1870

    200 , 500 Peso Notes ?

    Inflation-stricken Argentina to issue higher denomination banknotes.

    http://www.cnbc.com/2016/01/15/

    I knew this was coming !

    Beware of fakes.

    TL.

  17. #1869
    Administrator


    Posts: 2556

    Venues: 398
    Quote Originally Posted by Moore  [View Original Post]
    Wouldn't it be 82.6% ?
    Yes, but I didn't want to get into the entire "Margin vs Markup" discussion, thanks.

  18. #1868
    Senior Member


    Posts: 1043

    E

    Quote Originally Posted by Jackson  [View Original Post]

    Nevertheless, the next time you are motivated to complain about the price of a retail product or service, first recognize that the retailer is only receiving 79% of the price you paid.

    Thanks,

    Jax.
    Wouldn't it be 82.6% ?

Posting Limitations

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


Page copy protected against web site content infringement by Copyscape